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8 Central Financial Institutions Raise 360 Billion Yuan in Total to Supplement Capital
Eight central financial enterprises, including Industrial and Commercial Bank of China, Agricultural Bank of China, China Export-Import Bank, China Export & Credit Insurance Corporation, as well as PICC, China Life Insurance Group, China Taiping, and China Reinsurance Group, announced capital increase plans totaling approximately 360 billion yuan to supplement core Tier 1 capital and enhance their ability to serve the real economy. Among them, ICBC and ABC plan to issue A-shares to the Ministry of Finance, China Tobacco Corporation and related subsidiaries, aiming to raise no more than 100 billion yuan and 160 billion yuan respectively; the Ministry of Finance plans to inject 30 billion yuan and 10 billion yuan into China Export-Import Bank and China Export & Credit Insurance Corporation respectively; PICC plans to issue A-shares to the Ministry of Finance to raise no more than 15 billion yuan; the Ministry of Finance plans to inject 35 billion yuan and 7 billion yuan into China Life Insurance Group and China Taiping respectively, and will subscribe to 3 billion yuan of China Reinsurance Group’s domestic shares in cash.
Offchain Co-founder Clarifies: Remaining ARB Lock-ups Only Account for 7.7% of Total Supply, Rest Mostly Held by DAO Treasury
PANews, <a href="https://xpertsstudio.com/ethereum-staking-weekly-report-september-7-2026/” title=”Ethereum Staking Weekly Report, September 7, 2026″>September 6th – Offchain Labs co-founder Steven Goldfeder clarified on the X platform, stating that there is a significant misunderstanding in the market regarding the ARB token supply structure, with some data incorrectly counting tokens held by the DAO as “locked.” The unlocking schedule for ARB investors and team members is nearing completion and is expected to be fully unlocked by March next year. By then, the remaining locked tokens will only account for about 7.7% of the total ARB supply. Steven Goldfeder added that the remaining large amount of ARB is actually stored in the Arbitrum DAO treasury, which currently holds approximately 2.84 billion ARB tokens. These tokens are not locked in the traditional sense, but their circulation is entirely determined by votes from ARB holders; the DAO can only access these assets through governance votes by other token holders.
Pons and Fomo Protocol Revenue Exceeds Hyperliquid in Past 24 Hours
According to DefiLlama data, in terms of protocol revenue, Pons and Fomo generated approximately $1.85 million and $1.77 million respectively in the past 24 hours, both surpassing Hyperliquid’s approximately $866,500. The three ranked 4th, 5th, and 7th respectively on the protocol revenue leaderboard. Over the past 7 days, Pons and Fomo generated revenues of $7.16 million and $7.06 million respectively, while Hyperliquid generated $13.06 million.
Data: APT, LINEA, CHEEL, and PEAQ Tokens to See Major Unlocks Next Week
Token Unlocks data shows that tokens such as APT, LINEA, and CHEEL will experience significant unlocks next week, including: Aptos (APT) will unlock approximately 11.31 million tokens at 6:00 PM Beijing time on September 11th, representing about 0.65% of the circulating supply, valued at approximately $7 million; Linea (LINEA) will unlock approximately 960 million tokens at 7:00 PM Beijing time on September 10th, representing about 3.01% of the circulating supply, valued at approximately $2.6 million; Cheelee (CHEEL) will unlock approximately 6.42 million tokens at 8:00 AM Beijing time on September 13th, representing about 0.79% of the circulating supply, valued at approximately $2.3 million; peaq (PEAQ) will unlock approximately 84.84 million tokens at 8:00 AM Beijing time on September 12th, representing about 3.41% of the circulating supply, valued at approximately $2.1 million.
CNBC: AI Giants’ Dense Release of New Models Causes “Model Fatigue”
Anthropic launched Claude Fable 5.1 and Claude Mythos 5.1, Meta released Muse Spark 1.3, Google launched Gemini 3.8 Flash, and OpenAI released GPT-6 Astra focusing on cybersecurity and computer capabilities. Meanwhile, Nvidia announced the acquisition of open-source AI platform Hugging Face for $12.9 billion and continues to release open-source models. Constrained by factors such as computing resources and regulatory uncertainty, enterprises and developers face rising costs and expanding security risks in model selection and evaluation.
WOO X Reports Withdrawal Anomalies, Multiple Users’ Funds Stuck in Processing
On-chain detective ZachXBT posted that multiple verified WOO X users reported that withdrawals have been stuck in pending or processing status for the past 3 days, with some transactions being cancelled. ZachXBT pointed out that WOO X was acquired by FusionX Digital in the fourth quarter of 2025, a company reportedly related to BitMart founder Sheldon Xia. As of the time of writing, WOO X has not issued a statement regarding the withdrawal issues.
Solana Co-founder Toly Fires Back at Arbitrum Co-founder: Single Sequencer Model is More Costly
PANews, September 6th – In response to Arbitrum co-founder Steven Goldfeder’s post stating that one should not fall into the “narrative trap” of simply comparing on-chain transaction prices, Solana co-founder Toly retorted that the current bid-ask spread on Arbitrum is larger and fees are higher. The cost corresponding to just the 10% fee take rate is already higher than the sandwich trading fee rate. When accounting for the worse spread, the overall cost is estimated to be about 10 times higher. A model driven by a single sequencer maximizing shareholder interests can never defeat permissionless market competition. Steven Goldfeder had previously pointed out that Arbitrum One and Robinhood Chain actively prevent harmful MEV like frontrunning, and some chains promoting low fees actually have higher MEV costs, where retail investors may bear additional losses through “hidden fees” such as frontrunning and sandwich attacks. Toly estimated that the overall cost is about 10 times higher when accounting for the worse spread. Goldfeder had previously pointed out that Arbitrum One and Robinhood Chain actively prevent harmful MEV like frontrunning, and some chains promoting low fees actually have higher MEV costs, where retail investors may bear additional losses through hidden fees such as frontrunning and sandwich attacks.
Harmony Plans to Shut Down Mainnet and Migrate ONE to Ethereum, Pivoting to AI Video Mashup Business
Harmony has released two proposals to completely shut down the mainnet launched in 2019, migrate the native token ONE to Ethereum, and pivot to an AI video “mashup economy” business. The team stated that threats from state-level attackers and AI agents are the reasons for proposing the network shutdown plan. The migration plan involves taking a snapshot of user wallets, staking delegations, validator rewards, smart contracts, and tokens on centralized exchanges at the network’s final block, then airdropping new ONE tokens to the same wallet addresses on Ethereum. Holders do not need to actively claim them; delegated staking and unclaimed rewards will be airdropped to respective governance treasuries. The total supply of ONE and the inflation rate will remain unchanged, with newly issued tokens intended for the new business, subject to feedback from governors. Multi-signature wallets, liquidity pools, and on-chain applications cannot be migrated. The team urges users to exit all smart contracts by September 10, 2026, and plans to make token contracts, snapshot calculations, and airdrop scripts public for auditing. Validators can stop running nodes starting from 10:00 PM Beijing time on September 10th. The team plans to compensate validators for the difference in inflation rewards between node shutdown and the network’s final block, and has established a one-time compensation pool of $1.372 million, paid quarterly over four quarters to validators and their delegators who shut down on time, sign the agreement, retain their stake, and serve as governors for the new project. The new business will open prompts and materials for users to create derivative works, with AI agents expanding video stories, and will recruit operators responsible for video generation, distribution, and content moderation. Harmony plans to subsidize GPU hardware in the first year and drive demand for video generation. Operators need to stake tokens and earn rewards based on their service uptime. The team plans to help all operators generate a combined maximum revenue of $1 million in the first year, subject to meeting staking and uptime requirements; promoters can initially earn a 30% ongoing commission from the $10 monthly subscriptions they refer. Both proposals are non-binding and plans may still be adjusted.
South Korea’s KOSPI Index Opens Up 3.34%, SK Hynix Up 5.4%
Market data shows that South Korea’s KOSPI index broke through the 6900-point level, opening up 3.34% in early trading. Samsung Electronics is up 4.5%, and SK Hynix is up 5.4%.
Liquid Network “White Hat” Hackers Steal $320 Million in Bitcoin, Sidechain Suspended
A security incident occurred on the Liquid Network, with approximately 4,000 Bitcoin (currently valued at around $320 million) stolen by “white hat” hackers from its Federation wallet. This theft accounts for about 95% of Liquid’s reported Bitcoin reserves, which stood at approximately 4,200 BTC before the incident. The Liquid sidechain has been suspended, and major exchanges have also paused deposits and withdrawals of LBTC. Network technology provider Blockstream is working to contact the relevant parties. According to Liquid, the funds were withdrawn using the SideSwap PAK (Peg-out Authorization Key). The network stated that this key, along with other keys, was not compromised. Liquid did not explain the underlying vulnerability that led to this withdrawal. Liquid has notified several cryptocurrency exchanges to suspend or prepare to suspend deposits and withdrawals of LBTC (Liquid’s Bitcoin-backed token). Liquid has also temporarily shut down bridge nodes, preventing new transactions from being submitted to the network. Other assets issued on Liquid, including USDT, DePix, and RWA, were not affected by this security incident. Liquid did not explain the underlying vulnerability that led to this withdrawal.
ZEC Surges to $1,200 in Three Months, Largest Short Whale Garrett Jin Faces Unrealized Loss of $25.7 Million
PANews, September 7th – According to on-chain data, ZEC (Zcash) has surged to $1,200 in three months, with the largest short whale Garrett Jin facing an unrealized loss of $25.7 million. The whale opened a short position of 32,760 ZEC in early July at $444. The whale also holds a $107 million BTC long position, with an unrealized profit of $4.42 million but paying $2.05 million in funding fees.
433,000 HYPE Redeemed by Hyperliquid Development Team Arrives, Monthly Unstaking and Transfer of Interest Income Begins
PANews, September 7th – According to on-chain data, the 433,000 HYPE ($38.14 million) redeemed by Hyperliquid development team HyperLabs 7 days ago arrived 12 hours ago, then transferred to 11 addresses 9 hours ago. The team now unstakes and transfers about 400,000+ HYPE each month, essentially the monthly interest income: their 241 million HYPE ($21.2 billion) generates 14,400 HYPE ($1.26 million) in daily staking interest, and one month’s staking interest equals the monthly transfer amount.
Jensen Huang Congratulates OpenAI on Launching GPT-6 Astra, Declares the AGI Era Has Arrived
NVIDIA CEO Jensen Huang congratulated the OpenAI team on platform X, stating that GPT-6 Astra was trained on over 100,000 NVIDIA Grace Blackwell NVLink72 GPUs, taking 4 years from ChatGPT to O1 to Astra. He directly stated, “The AGI era has arrived.” Additionally, Huang said that in the next phase, 400,000 GPUs will be brought online successively.
Robinhood Ecosystem Major Meme Coins Mostly Decline, PONS Down Over 15% in 24 Hours
PANews, September 7th, according to GMGN data, major Meme coins in the Robinhood ecosystem are mostly declining, including: 1. MEME market cap temporarily reported at $89.9 million, down 25.08% in 6 hours; 2. PONS market cap temporarily reported at $560 million, down 15.11% in 24 hours; 3. microduck market cap temporarily reported at $23.11 million, down 33.94% in 24 hours; 3. CASHCAT market cap temporarily reported at $226 million, down 8.3% in 24 hours; 4. AI market cap temporarily reported at $195.6 million, down 19.14% in 24 hours; 5. SHROOM market cap temporarily reported at $33.4 million, down 23.7% in 24 hours. Meme coin prices are highly volatile, please invest with caution.
Senator Cynthia Lummis: If Clarity Act Fails This Congress, Next Chance for Market Structure Legislation May Be 2030
PANews, September 7th – Senator Cynthia Lummis stated that if the Clarity Act fails to pass in this Congress, the next real opportunity to reintroduce market structure legislation may not come until 2030. Getting this done now would avoid wasting years of jobs, investment, and tax revenue.
Source: www.panewslab.com